Getting Ready for Thursday Morning’s Trading

Here are the stocks, ETFs, and Leveraged ETFs you need to know for Thursday morning.

The following securities are the most oversold and overbought according to ConnorsRSI for Thursday’s trading. Click here to download your free copy of An Introduction to ConnorsRSI. This Watchlist was created using the TradingMarkets Screener.

Today’s Market Conditions

(Click Symbol for More Details)

Name Symbol ConnorsRSI
SPDR S&P 500 ETF SPY 73.54
Powershares QQQ QQQ 76.28
Russell 2000 ETF IWM 77.68
S&P GSCI Crude Oil TR Index ETN OIL 66.67
SPDR Gold GLD 33.94
20+ Year Trsy Bond Ishares TLT 24.31
VIX Short-Term Futures ETN Ipath VXX 24.10

Would you like to see the trades Larry Connors is looking at every day before the market opens?

Click here to learn more about Larry Connors’ Daily Battle Plan and see for yourself how it can improve your trading.

5 Most Oversold Stocks

Name Symbol ConnorsRSI Price
Agco Corp. AGCO 5.13 $51.03
Fedex Corp. FDX 5.28 $99.13
Deere & Company DE 6.65 $87.74
Spectrum Pharmaceuticals SPPI 6.77 $7.01
Newcastle Investment Corp. NCT 7.26 $10.76

5 Most Oversold ETFs

Name Symbol ConnorsRSI Price
Brazil Index MSCI Ishares EWZ 9.27 $54.74
VIX Short-Term Futures ETF Prosh VIXY 19.04 $11.00
India Earnings Wisdomtree EPI 19.11 $18.11
South Korea Index MSCI Ishares EWY 19.67 $58.05
Short Russell 2000 Proshares RWM 22.92 $21.49

5 Most Oversold Leveraged ETFs

Name Symbol ConnorsRSI Price
Ultrapro Short QQQ Proshares SQQQ 22.41 $33.56
Ultrashort Russell 2000 Proshare TWM 23.41 $19.71
Smallcap Bear 3X Direxion TZA 23.56 $9.24
Ultrashort QQQ Proshares QID 23.97 $26.18
Ultra VIX Short-Term Fut ETF Pro UVXY 24.28 $7.86

5 Most Overbought Stocks and ETFs

Name Symbol ConnorsRSI Price
Time Warner Cable Inc TWC 95.78 $95.62
Cvs Corp. CVS 95.69 $55.15
Dr Pepper Snapple Group Inc DPS 95.53 $45.78
Coca-Cola Enterprises CCE 94.96 $37.10
Republic Services RSG 94.69 $32.50

High Probability Trading with Bollinger Bands

Click here to learn how to utilize Bollinger Bands with a quantified, structured approach to increase your trading edges and secure greater gains with Trading with Bollinger Bands® – A Quantified Guide.